Indonesia: Ministers tight-lipped over Sunday’s trade war meeting
In a coordination meeting on Sunday, several ministers discussed how to anticipateÂ to the impact of the looming trade war between the United States and China, but were tight-lipped on Monday when asked to comment on theÂ meeting’s results.
The meeting was unusual because it was held on a Sunday and involved ministersÂ beyond those overseeing trade andÂ economics.
Coordinating Economic Minister Darmin Nasution led the meeting, which also saw the attendance of Finance Minister Sri Mulyani Indrawati, Trade Minister Enggrastiasto Lukita, State-Owned Enterprises Minister Rini Soemarno, while Coordinating Maritime Affairs Minister Luhut Binsar Padjaitan, Foreign Minister Retno Marsudi, Tourism Minister Arief Yahya and Energy and Mineral Resources Minister Ignasius Jonan also joined the meeting.
Enggartiasto said only that the ministers had discussed materials for the upcomingÂ limited Cabinet meeting with President Joko â€śJokowiâ€ť Widodo on Monday.
Meanwhile, Retno said that Darmin was the only ministerÂ who was allowed to comment on the matter. â€śPlease ask the coordinating minister [for the economy]. We have agreed,â€ť sheÂ said.
However, Darmin declined to speak on any decisions made duringÂ the meeting. He also said the meeting discussed the issues the ministries faced in dealing with the trade war. â€śI wonâ€™t comment on this issue yet,â€ť he stressed, when asked for further comments onÂ the meeting’s results.
The US-China trade warÂ heated up last week, when the US applied new tariffs on an estimated US$23 billion of imported products from China, whichÂ retaliated by enforcing tariffs onÂ 545 imported US products the worth about $34 billion.
Reports also saidÂ that the US was evaluating 124 Indonesian products listed in its generalized system of preference (GSP). (bbn)